ANTHONY ALBANESE, PRIME MINISTER: Thank you very much. It's very good to meet both of you again. And it's been a very constructive discussion that we've been having at the G20 informally and it's good to now have a formal bilateral meeting between us. Australia has such strong ties with Europe. Indeed, we have a Prime Minister with a name like Albanese, and we have a large diaspora in Australia from throughout Europe. So we remain very strong friends. I hope that today we're able to progress the discussion that we've been having about an Australian-EU Free Trade Agreement.

1. Today, 16 November, the Prime Minister of Australia, Anthony Albanese, the President of the European Council, Charles Michel, and the President of the European Commission, Ursula von der Leyen, held the second Australia-EU Leaders' Meeting in the margins of the G20 Summit in Bali, Indonesia.

Prime Minister Anthony Albanese joined world leaders in Bali this week for the G20 Leaders’ Summit, under the theme “Recover Together, Recover Stronger”.

As the premier forum for international economic cooperation, the G20 plays a critical role in steering the global economy through the significant challenges it faces.

G20 Leaders discussed action to address global food insecurity, the climate crisis, rising energy prices, rising inflation and cost of living pressures.

ANTHONY ALBANESE, PRIME MINISTER: I do want to begin by congratulating President Widodo on hosting a very successful G20 meeting. Countries, the 20 largest economies in the world, have come together at a difficult time to issue a declaration moving forward to meet the challenges which are before us. This G20 took place post-COVID and with the COVID recovery being a real focus, with the themes of 'Recovering Stronger'. It also took place with inflationary pressure being global, energy security issues, and also food security.

Australia is contributing $50 million to the Pandemic Fund—a new global Financial Intermediary Fund to improve future pandemic prevention, preparedness and response.

The Pandemic Fund is the culmination of global efforts to ensure the world learns lessons from COVID-19.

ANTHONY ALBANESE, PRIME MINISTER: Good afternoon. I was delighted to meet with President Biden here at the East Asia Summit today. We had a very constructive bilateral meeting with the President and his key national security and foreign affairs advisors, people I've developed quite a strong relationship with, some of them over a long period of time. Since I've been Prime Minister I've had the opportunity to meet with President Biden in Tokyo, in Madrid, in London and now here in Phnom Penh. We had a very constructive discussion. We discussed AUKUS.

ANTHONY ALBANESE, PRIME MINISTER: Well it's wonderful to be back in Indonesia again for my second visit as Prime Minister. And I had very fruitful discussions with President Widodo in Phnom Penh and I'm looking forward to our bilateral meeting this afternoon. It's such a warm welcome here from our Indonesian friends, and I thank the Tourism Minister and the Governor of Bali for that warm welcome for myself, but really, myself as a representative of Australia.

ANTHONY ALBANESE, PRIME MINISTER: Thank you very much. Well, Mr President, it is wonderful to be here on my second visit as Prime Minister of Australia, but my seventh actual visit to Indonesia. I’m very pleased that my Treasurer, Jim Chalmers, who has just brought down our first Budget of the new Government has been able to join us here.

ANTHONY ALBANESE, PRIME MINISTER: Well, it's good to be joined here at the B20, prior to the G20 commencing tomorrow. And I'm joined by the Treasurer, Jim Chalmers, who's been here since Saturday, participating in the economic discussions in the lead-up to the G20, and Jennifer Westacott, the Head of the Business Council of Australia. Earlier today, I had a constructive bilateral meeting with President Widodo. I thank him for hosting us at the G20.

Today I met China’s President Xi Jinping in the margins of the G20 Summit Meeting.

This was another important step towards the stabilisation of the Australia-China relationship. 

China is a major power with global interests and it was valuable to exchange views on challenges to international peace and security, including Russia’s invasion of Ukraine.

We also discussed bilateral, trade, consular and human rights issues, and looked forward to the 50th anniversary of diplomatic relations in December.